40 Lafayette Street # 40, Arlington MA 02474

Arlington, MA 02474 • East Arlington
$767,000
Est. $4,082/month
2
Beds
2
Baths
1,000
Sq Ft
$767
Price/Sq Ft
1926
Year Built
Condominium
Type
10
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73222430

About this home

Welcome to this spacious and modern condo. The entry porch leads to an open-concept dining/living room area. Steps to the well-equipped kitchen with stainless steel appliances, cherry cabinets and granite counters. The adjacent office offers versatility and a side entrance leading to a private yard for play and gardening. A first floor bedroom and updated full bath completes this main floor. The sunny lower level has a large, primary bedroom with ensuite bath. A washer and dryer are neatly tucked away in the utility / storage area with easy access to the outdoors. Off street tandem parking for two cars. The unit is in a well-established, two-unit condo association. Along the historic Alewife Brook, you will appreciate the bike and walking path, easy access to the Red Line T, and a short distance to a local playing field, playground and dog park. Convenient to shops, restaurants and transportation on Mass Ave. Easy access to Harvard and Kendall Squares, downtown Boston, and highways.

Sale Statistics

Sale Overview
Original List Price: $619,500
Final Sale Price: $767,000
Difference: +$147,500 (+23.8%)
Performance Metrics
123.8%
List to Sale Ratio
Sold above asking price
10
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $620
Sale $/sq ft: $767
This property sold for $767 per square foot
Sale Summary

This property sold for 23.8% above the original asking price, indicating strong buyer demand.

With only 10 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1926
Bedrooms
2
Full Bathrooms
2
Living Area
1,000 sq ft
Total Rooms
4
Stories
2
Entry Level
1

Interior Features

Flooring
Wood, Tile, Laminate
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features
Closet, Study
Laundry Features
In Basement, In Unit
Basement Details
Y

Exterior & Structure

Construction Materials
Frame
Exterior Features
Porch, Garden
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Tandem

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,620
Tax Year
2024
Tax Assessed Value
$530,700
Parcel Number
M:001.A B:0004 L:0040,4720121
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
38-40 Lafayette St. Condo Trust
Disclosures
Flood insurance required, currently $770.80 for this unit. Seller pays 40% of total bill. Listed as a one bedroom on public record.

Location

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Neighborhood

East Arlington

40 Lafayette Street # 40, Arlington MA 02474

Arlington, MA 02474

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $468
Homeowners Insurance $200
PMI $0

Property History

Market Insights

19.2%
Price Range
11
Total Days on Market

Property Timeline

Sold
May 31, 2024
$767,000
Property sold
Days on Market: 11
🏠
Listed for Sale
Apr 10, 2024
$619,500
Original listing
Agent: Barbara Currier Office: Coldwell Banker Realty - Cambridge

Price & Status History

Date Event Price Change
Apr 10, 2024 New Listing Added $619,500

Market Statistics

Days on Market
10 days
Price per Sq Ft
$767

Tax History

Year Taxes Assessment
2024 $5,620 $530,700

Financial Details

Annual Property Tax
$5,620
Tax Year 2024
Assessed Value
$530,700

Listing Information

Listing Agent Barbara Currier
Listing Office Coldwell Banker Realty - Cambridge
Agent MLS ID BB301017
Office MLS ID AN6200

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